The market for wool gloves, mittens, or mitts in France stood at 16.749 million USD in 2023. Over the past decade, this market has experienced fluctuations, seeing its value decline from 23.545 million USD in 2013. Recent data indicates a continuation of this downward trend, with a 2.06% year-on-year decrease in 2023 following a similar decline in 2022. The compounded annual growth rate (CAGR) over the last five years reflects an average annual contraction of 2.42%, highlighting persistent challenges in the market.
Future trends to watch for include:
- Impact of sustainability and eco-friendly preferences on wool demand.
- Potential recovery with innovative products or marketing strategies.
- Effects of global economic conditions on luxury and fashion markets, influencing consumer behavior.
- Trends in online retailing and the growing influence of e-commerce on sales dynamics.
How does France rank in Gloves, Mittens or Mitts Made of Wool Market Size Value?
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 73,454,000 | 2023 | -2.68% | -2.98% | View data |
| 2 | 2 Japan | 24,355,000 | 2023 | -12.56% | -10.82% | View data |
| 3 | 3 Germany | 20,823,000 | 2023 | -1.68% | -2.35% | View data |
| 4 | 4 France | 16,749,000 | 2023 | -2.06% | -2.42% | |
| 5 | 5 Italy | 10,155,000 | 2023 | -7.73% | -7.74% | View data |
| 6 | 6 United Kingdom | 8,865,800 | 2023 | -15.58% | -13.41% | View data |
